Bitcoin (BTC) is at the time of this writing, at a cost of $8.205. This is 1.87% lower than the same time last night. Looking forward to the possible scenarios for the bitcoinprijs? You can read our latest technical analysis.
Lightning Labs has announced a new (beta) version of the Lightning Network (LN). By lnd v0.8.0-beta, the developers on the security features, improved routing and support for apps and wallets to smartphones and tablets.
Contents
Lightning Network update
The Lightning Network, will serve as a schaalbaarheidsoplossing for bitcoin. Over the second layer, with the help of a home node for BTC, send it without it, transactions are the basic layer to be processed.
It is an open-source project that anyone can build. Lightning Labs is one of the driving forces behind the project.
With LN, you can be quicker and cheaper to send money than using traditional way. At this point, it is still a beta, and Lightning will be especially interesting for those who like to tinker, or want to try it.
It is not recommended for large amounts of the network on the go.
What’s in the update?
A new feature called ” SAFU Commitments’ is now. This seems to be a nod and a wink to the chief executive officer of Binance, that is, in the past, often funds are SAFU called whenever there is any doubt about the safety of your coins in their wallets.
For this version of money was suddenly closed channels, payment channels, ed.). a user-driven, without the seed of that particular user. There is an additional point called the commitPoint.
This data is for the previous versions is needed in order to get your money back if there is something significantly wrong. With SAFU Commitments, you as a user will no longer be dependent on any other party to the commitPoint.
You have your hard-earned BTC to recover after an experiment, or a sudden down time of the node with this update, as it is a lot easier.
Routing
The Routing will ensure that your bitcoin is in the network from point A to point B. Simply put, with the perfect routing, you’ve got to be the fastest trades. 0.8.0 introduces upgraded Mission Control.
The improvements will ensure that the transactions are much more efficient on the network. With the old version, it could be that a route has been selected that is not useful, as that can be prevented.
With the new Mission Control and the last 1000 processes are mapped in order to learn from them. The channel in which it is always good to get the preferred channels, where transactions are sometimes thrown into chaos.
Mobile
An Application Programming Interface (API) to the in general, the life of a developer a lot easier. The API does not typically have a number of tools to make it in a shorter period of time than is normal, something to be developed.
The API’s for the mobile phone will be Lightning Labs to motivate people to build on, and for the Lightning.
In addition to the API, this update offers a few other tools. ”We are hoping that they can be used to define the Lightning’s ecosystem continues to expand,” says Lightning Labs, in their blog post.
Thank you for signing up!